Company Announces Update on 2020 Share Buyback Program

LAUSANNE, Switzerland & SAN JOSE, Calif.–(BUSINESS WIRE)–SIX Swiss Exchange Ad hoc announcement pursuant to Art. 53 LR — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that on July 27, 2023, it filed with the U.S. Securities and Exchange Commission (SEC) its Quarterly Report on Form 10-Q for the first quarter of Fiscal Year 2024. The filing is available on the SEC’s website at www.sec.gov and Logitech’s website at http://ir.logitech.com.


The Company also announced that, as of July 27, 2023, Logitech International’s three-year share buyback program, initiated on July 27, 2020, expired. During the three years of the 2020 share buyback program, the Company repurchased 16,655,890 of its shares. Logitech’s new $1 billion share buyback program has been approved by the Swiss Takeover Board and will begin on July 28, 2023. Details of Logitech’s share repurchase history can be found on the Company’s website at http://ir.logitech.com.

About Logitech

Logitech helps all people pursue their passions and is committed to doing so in a way that is good for people and the planet. We design hardware and software solutions that help businesses thrive and bring people together when working, creating, gaming and streaming. Brands of Logitech include Logitech, Logitech G, ASTRO Gaming, Streamlabs, Blue Microphones and Ultimate Ears. Founded in 1981, and headquartered in Lausanne, Switzerland, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Find Logitech at www.logitech.com, the company blog or @logitech.

Logitech and other Logitech marks are trademarks or registered trademarks of Logitech Europe S.A. and/or its affiliates in the U.S. and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s website at www.logitech.com

(LOGIIR)

Contacts

Editorial Contacts:
Nate Melihercik, Head of Global Investor Relations – ir@logitech.com
Nicole Kenyon, Head of Global Corporate and Internal Communications – nkenyon@logitech.com (USA)
Ben Starkie, Corporate Communications – +41 (0) 79-292-3499, bstarkie1@logitech.com (Europe)

Fonte BUSINESS WIRE